THE IMPACT OF DYNAMIC CAPABILITIES ON THE PERFORMANCE OF BOTTLED WATER FACTORIES IN BAYELSA STATE, NIGERIA

Abstract

The research investigated how dynamic capabilities affect the performance of bottled water facilities in Bayelsa State. The research utilised a cross-sectional survey design method. The study population comprises 205 employees from the factories. A sample size of 136 respondents was selected. This study used the stratified sampling technique. The research employed a questionnaire as a tool for data collection. A test-retest approach was employed to ascertain the instrument's reliability. Descriptive statistics and Spearman rank correlation were employed as the statistical tools. The outcome indicated a positive correlation between sensing capability (r = 0.668) and seizing capability (r = 0.583) with the organisational performance of water factories in Bayelsa State. This study established a strong positive correlation between dynamic capabilities (sensing and seizing) and the organisational performance of bottled water factories in Bayelsa State The study advised, among other recommendations, that companies should implement a dynamic resource allocation strategy capable of swiftly reallocating resources, including capital and personnel, to capitalise on emerging opportunities and tackle challenges that could negatively impact the performance of the factories.